Cloud computing is one of the fastest growing technology markets in the world. According to a study by Forbes, Cloud computing is projected to increase from $67B in 2015 to $162B in 2020 attaining a CAGR of 19%. With so many businesses in different fields switching to the cloud it has gone from the business world to the personal world and vice versa in a matter of just a few years. “The uses of cloud computing are not just limited to personal emails or storage, rather these salable solutions have become the medium of choice for development, testing and deployment of software as well. The examples of cloud computing are everywhere from the messaging apps to audio and video streaming services”. Here is one of the the 10 solutions.
- Scalable Usage: Cloud providers offer many different scalable options to fit you or your businesses needs. With a pay as you go system you are not being overcharged for your computer running 24/7 instead, when you use it you pay for it. “Netflix, for instance, leverages this potential of cloud computing to its advantage. Due to its on-demand streaming service, it faces large surges in server load at peak times. The move to migrate from in-house data centers to cloud allowed the company to significantly expand its customer base without having to invest in setup and maintenance of costly infrastructure”.